Nisa Investment Advisors LLC Sells 65 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Nisa Investment Advisors LLC reduced its position in FactSet Research Systems Inc. (NYSE:FDS) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,203 shares of the business services provider’s stock after selling 65 shares during the quarter. Nisa Investment Advisors LLC’s holdings in FactSet Research Systems were worth $5,861,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. ProShare Advisors LLC increased its stake in FactSet Research Systems by 5.1% in the second quarter. ProShare Advisors LLC now owns 7,745 shares of the business services provider’s stock valued at $3,162,000 after acquiring an additional 376 shares during the period. Gabelli Funds LLC boosted its holdings in FactSet Research Systems by 57.1% during the second quarter. Gabelli Funds LLC now owns 1,100 shares of the business services provider’s stock valued at $449,000 after purchasing an additional 400 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of FactSet Research Systems by 22.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 291 shares of the business services provider’s stock valued at $120,000 after purchasing an additional 54 shares during the period. Public Sector Pension Investment Board raised its holdings in shares of FactSet Research Systems by 8.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 6,498 shares of the business services provider’s stock worth $2,653,000 after buying an additional 519 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in shares of FactSet Research Systems by 2.9% during the 2nd quarter. Bank of Montreal Can now owns 43,667 shares of the business services provider’s stock worth $18,579,000 after buying an additional 1,227 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.5 %

NYSE FDS opened at $466.63 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The stock has a market capitalization of $17.75 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 2.92 and a beta of 0.76. The stock has a fifty day moving average of $477.77 and a 200-day moving average of $453.08.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $4.12 EPS. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend was Friday, November 29th. FactSet Research Systems’s dividend payout ratio is presently 29.82%.

Insiders Place Their Bets

In other news, insider John Costigan sold 1,622 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now directly owns 299 shares in the company, valued at $143,819. This trade represents a 84.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on FDS shares. BMO Capital Markets dropped their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. UBS Group increased their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Stifel Nicolaus boosted their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Redburn Atlantic lowered shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems has an average rating of “Hold” and an average target price of $453.46.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.